Life Healthcare Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Life Healthcare Group Holdings has a total shareholder equity of ZAR21.3B and total debt of ZAR12.1B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are ZAR45.6B and ZAR24.3B respectively. Life Healthcare Group Holdings's EBIT is ZAR2.5B making its interest coverage ratio 4.8. It has cash and short-term investments of ZAR862.0M.
Key information
56.7%
Debt to equity ratio
R12.07b
Debt
Interest coverage ratio | 4.8x |
Cash | R862.00m |
Equity | R21.29b |
Total liabilities | R24.33b |
Total assets | R45.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L53's short term assets (ZAR29.4B) exceed its short term liabilities (ZAR11.2B).
Long Term Liabilities: L53's short term assets (ZAR29.4B) exceed its long term liabilities (ZAR13.1B).
Debt to Equity History and Analysis
Debt Level: L53's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: L53's debt to equity ratio has reduced from 92.2% to 56.7% over the past 5 years.
Debt Coverage: L53's debt is well covered by operating cash flow (38.7%).
Interest Coverage: L53's interest payments on its debt are well covered by EBIT (4.8x coverage).